While the Nexus S has brought more attention to Near Field Communications use in the United States, Visa has announced a mobile contactless payment solution of its own today.

Visa’s In2Pay, built in partnership with DeviceFidelity, will allow consumers to pay for items simply by placing their phone above a compatible receiver. Rather than use NFC chips placed into the phone, Visa employs technology loaded onto a microSD card. The only Android device announced with compatibility at launch is the Samsung Vibrant, but more Android phones are expected to be supported.

In2Pay has been in testing for 18 months with banks in the U.S, Europe, and Asia. It is compatible with existing contactless payment receivers, secure, and available for development for Visa’s existing corporate clients who want to support the technology for its customers. Bank of America, JP Morgan Chase, US Bancorp, and Wells Fargo were among the banks that participated in the trial.

”This is a win-win for banks, merchants, wireless carriers, handset makers, app developers and consumers alike as it delivers a unique combination of consumer preferred devices, smart chip based security and application driven innovation, something that the NFC ecosystem has aspired for a long time,” said Deepak Jain, President and CEO of DeviceFidelity, Inc. “Working with Visa and its financial institution partners, we are excited to be at the forefront of this important milestone and helping to make mobile payments a reality for consumers.”